North Macedonia vs Philippines: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- North Macedonia
- Philippines
How they compare
North Macedonia currently reports 20.45 LCU per international $ against 19.07 LCU per international $ in Philippines, a difference of 1.38 LCU per international $.
That makes North Macedonia's figure about 1.1 times Philippines's.
The two have swapped places 5 times across 36 shared years of data; in 1990 it was Philippines ahead.
Globally, North Macedonia ranks 72nd and Philippines ranks 75th of 204 countries.
Individual pages
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.